Expired call of 4th Sep Bombay Dyeing and 24th Sep Rajshree Sugars.
Bombay Dyeing had hit a 185 level and has now settelled down at 180 levels. The movement will now be range bound and we do not see any futher upside till Q3 results. We advice investors to book profit in Bombay Dyeing.
Rajshree Sugers have hit a high of 42 (a gain of 20-25 %) over the call price in less then 20 days. The stock still has some amount of upside. We advice investors to book partial profit at this level and book full profit at Rs 45 in a months time.
Markets have moved up steaply in last 10 trading session and are at verge of hitting 6000 level which is a strong resistance and also a big psycological trigger. Avoid fresh investments till sensex crosses 6000 mark. Most players expect the Sensex to touch the 6000-mark in the special Diwali trading session on Friday. Samvat Year 2061 may start with a bang tomorrow if sensex hits 6000 mark.
Rajshree Sugers have hit a high of 42 (a gain of 20-25 %) over the call price in less then 20 days. The stock still has some amount of upside. We advice investors to book partial profit at this level and book full profit at Rs 45 in a months time.
Markets have moved up steaply in last 10 trading session and are at verge of hitting 6000 level which is a strong resistance and also a big psycological trigger. Avoid fresh investments till sensex crosses 6000 mark. Most players expect the Sensex to touch the 6000-mark in the special Diwali trading session on Friday. Samvat Year 2061 may start with a bang tomorrow if sensex hits 6000 mark.
HAPPY DIWALI